IVF payment options to consider if you don’t have insurance
Patients trying to have a baby through IVF don't have to feel overwhelmed by the cost of treatment. There are a number of ways to help finance the cost.
In our last blog post, we discussed risk- and cost-cutting methods such as IVF refund programs powered by Univfy's predictive technology that offer a partial or full refund if your treatment is not successful after one or up to three IVF cycles.
The average cost of one IVF cycle in the U.S. is $12,500, not including the price of freezing and storing of embryos, and having one or more transfers of frozen embryos. An estimated two thirds of patients do not have full insurance coverage for IVF treatment. And a patient may need two or three IVF cycles to have a baby. A refund program can significantly decrease the financial risk and ultimate cost of your IVF treatment. See more on this topic in our previous post.
You can maximize your chances of conceiving by focusing your financial planning on the chances you may need multiple IVF cycles instead of planning just for one.
Learn your probability of success after one, two or three cycles with Univfy's personalized Pre-IVF report, which lays out your probabilities of success and financial options in a single statement.
Once you've determined the most cost-effective path for your IVF treatment with the help of your IVF provider, you can start to think about how to pay for it. There are a number of ways to help finance the cost even if your treatment is not covered by your health insurance. We dive into some of these methods below:
1. Special pricing options: Ask your doctor about special pricing programs they may offer, such as an IVF refund program (also commonly called IVF refund plan, IVF refund program, or shared risk refund program). You can find an IVF provider participating with Univfy to offer custom refund programs on our map. Some programs also offer discounts to patients who pay in cash. Others offer discounts to particular classes of patients. Some clinics may also extend discounts to particular classes of patients. For example, a public service discount may be offered to teachers, firefighters, police officers, or emergency medical technicians. Military discounts may be offered to armed services active duty personnel or veterans.
2. Medication discounts: The cost of superovulation medications (also called gonadotropins, injected hormones) may add $3,000 to $7,000 more to total IVF costs. Some large pharmaceutical providers of ovulation medications offer discount programs on their infertility medications. For example, EMD Serono offers plans specifically for either self-pay patients or privately insured patients. Ferring and Merck, two other pharmaceutical providers, offer discounts specifically to cash-paying patients.
3. Grant programs: Some non-profit organizations provide grants to eligible infertility patients to pay for some or all of their IVF costs. All of these grants require applicants to demonstrate financial need as defined by the grant program. Grant programs can be national or regional in scope. Some regional grant programs may limit applicants to their geographic regions or have other requirements, so be sure to review grant application requirements carefully. According to the nonprofit organization Fertility within Reach, some infertility grant programs include the Angels of Hope Foundation (Illinois), Baby Quest Foundation (National), The Cade Foundation (National), INCIID IVF Scholarships (National), the Madeleine Gordan Gift of Life Foundation (Cincinnati, OH) and the Pay it Forward Foundation (National). Partnership for Families offers grants to qualifying individuals who have had one failed IVF treatment for a second treatment (Cleveland, OH).
4. Medical loans: Some physicians have enrolled in programs with financial lenders to offer medical loans to their patients. Even if your physician is not enrolled with such a program, some banks may offer personal loans that can be used to pay for IVF costs. RESOLVE: The National Infertility Association lists infertility financing programs, including Prosper Healthcare Lending, which it says finances up to $100,000 without retroactive interests or prepayment penalties.
5. Crowdfunding: Crowdsourcing is becoming an increasingly common way to raise funds for infertility costs. There's a larger circle of potential donors through crowdfunding sites like GiveForward.com, established to raise funds for medical care, and GoFundMe. GiveForward provides a step-by-step guide to setting up and optimizing your page. Couples are encouraged to share honest, compelling stories, letting potential donors know who they are and how the money will impact their families. But crowdfunding fertility treatment is not for everyone. Many couples don't feel comfortable sharing their personal struggles or asking for financial help.